Coastal Financial Corp (EVERETT) reports results for the quarter ended in December - Earnings Summary

Coastal Financial (EVERETT)

27/01/2022 17:19

* Coastal Financial Corp (EVERETT)  CCB.OQ  reported
quarterly
adjusted earnings of 57 cents​​ per share for the quarter ended
in December. The mean expectation of four analysts for the
quarter was for earnings of 53 cents per share.
    * Revenue rose 105.1% to $38.92 million from a year ago; 
analysts
expected $25.49 million. 
    * Coastal Financial Corp (EVERETT)'s reported EPS for the
quarter
was 57 cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Coastal Financial Corp (EVERETT) shares had fallen by 3.5%
this
quarter.
    * The company reported quarterly net income of $7.29
million.
    * Wall Street's median 12-month price target for Coastal
Financial
Corp (EVERETT) is $68.75 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated January 27 at 05:19 p.m.
 ​All figures in US dollars unless otherwise stated